In many cases, card deposits attract a 1.5% fee, while e-wallet services like Neteller or Skrill charge between 1–3%. Amana is transforming how people invest by blending innovation with accessibility. The company’s success speaks for itself, as it also attracts younger, tech-savvy investors eager for a more intuitive and transparent approach. With a bold vision for the future, the company is poised to change the way we think about wealth building. For decades, this has been the norm, with institutions clinging to outdated practices that leave many feeling left out or overwhelmed. Enter amana, a dynamic trading and investing firm that’s rewriting the rules.

This coverage, underwritten by syndicates like Lloyd’s of London, provides a degree of added security. Amana Financial Services (Dubai) Limited is authorized and regulated by the Dubai Financial Services Authority – DFSA (License number F003269). The DFSA is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC). Find out who is at the helm of our trading and investing community. In the alerts tab, users can receive notifications on their trading activities.

XM Global is a trusted, regulated, and multi-asset CFD Broker based in Limassol, Cyprus. Furthermore, clients can also open a demo account and trade with the MT4 or MT5 platform for desktop and mobile. In this section of our review, we cover the broker’s trading platforms. We also shed some light on how you can open an account and begin investing with Amana.app on desktop and mobile apps. This is amana’s partnership with the financial media and educational amana trading platform, Real Vision.

Additionally, traders wishing to withdraw via bank transfer may face a fixed or percentage-based charge depending on their region. Our team of nearly 100 dedicated professionals, hailing from over 20 diverse nationalities, is committed to making trading accessible and affordable for everyone in the region. To get fast answers to your complaints, you can use the live chat option on the broker’s website. To use the broker on MT4, visit the Metatrader4 website and click on Download MT4 for your specific device type. Traders who use this broker will be able to create a demo account. With this feature, users can enter the name of the asset that they wish to trade and place an order instantly.

How to open an Account on Amana.app Desktop Trading Platform

Here, we explain some of the unique features of the broker’s proprietary app and outline how you can get started with the broker on your desktop. Although Amana.app does not profit by charging a commission on trades, they make money off the spreads on their listed assets. Users who place buy or sell orders on derivatives are expected to pay the spread on these instruments. However, stocks from markets in the MENA region attract a clearing fee which Amana.app clients are expected to pay.

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• Amana charges zero commission on forex, however futures, indices, metals and commodities come with a $10 fee per lot.
• Users who have challenges while using this broker’s platform can reach out to a customer service agent by sending an email to or by filling out a complaint form online in the support section of the website.
• This is amana’s partnership with the financial media and educational platform, Real Vision.
• The amana app allows traders in the UAE to deposit via the following methods.

ForexPeaceArmy gives Amana.app a rating of 2.265 out of 5 based on 12 reviews. Although the most recent remark of this broker on the website dates as far back as April 2021, most comments about its services were not positive. There were complaints about closed pending orders, terrible slippages, and fake offers.

They can stay informed about the status of their pending orders or be notified when specific assets reach a predetermined price point. This app also provides a plethora of indicators for traders to carry out technical analysis. Customers will be able to use Coppock Curve, Stochastic Oscillators, Bollinger Bands, and many others. The Amana App has a relatively simple design with multiple charts on display in one view. Most users will find the app easy to use as the outlook is straightforward with no unnecessary features.

By combining the newest technology with a human touch, amana is breaking down the barriers of the past and inviting a new generation to invest and trade with confidence and ease. Amana.app (formerly known as Amana Capital) is a trustworthy broker that is regulated by the FCA, CySEC, LFSA, CMA, DFSA, and FSC. Our Amana.app review shows that the broker is an excellent choice for users who wish to invest in both CFD and non-CFD instruments. As part of our Amana.app review, we went to various websites and forums to know what customers of this broker are saying about its services.

Deposit

Before trading, investors should ensure they fully understand the risks involved in all financial products amana offers. Crypto assets are not regulated and offer no regulatory consumer protection like other leveraged OTC derivatives. Please read the full Risk Disclosure Statement for further details. Customers depend on financial institutions to safeguard their money and grow the value of their savings through investments in a variety of assets – stocks, bonds, ETFs, cryptocurrencies, and more. Amana provides a comprehensive suite of products and services.

ETFs

• The broker also has a blog that covers different topics such as Trading Psychology, Financial Markets Trading, and Cryptocurrency Trading.
• Having segregated accounts ensures that these monies are not liable for use in debt repayment.
• Clients who initiate transactions in a denomination that is different from their account base currency will be charged a conversion fee.
• This coverage, underwritten by syndicates like Lloyd’s of London, provides a degree of added security.
• Yes, amana is completely legal in the UAE and is even regulated in the UAE by the Dubai Financial Services Authority (DFSA) of Dubai.

While amana heavily promotes its app, this broker still offers the classic MetaTrader 4 and MetaTrader 5 accounts for its UAE clients. MT4 and MT5 are two of the most popular platforms used by traders globally. Amana’s MetaTrader 4 and MetaTrader 5 platforms offer clients a range of order types, technical analysis tools and automated trading options, great for experienced traders. Our all-in-one trading app grants access to 5,500+ commission-free assets across global and regional markets. From stocks, cryptocurrencies, forex, metals, and indices to ETFs, commodities, and more.

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It has a great colour scheme, simple icons, and five tabs – For You, Watchlist, Portfolio, Plus, and Profile. The outlook of this app is undoubtedly one of its standout features. Clients who initiate transactions in a denomination that is different from their account base currency will be charged a conversion fee.

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For local MENA stock investing, there are clearing fees and additional fees in some cases. Amana also provides its own “all in one” trading platform with access to 1000+ financial instruments across forex, CFDs and physical stocks. The platform is only available via mobile application on Apple and Android devices.

Regional Stock Derivatives

However, this option is designed for two or more individuals who wish to operate a shared trading account. Withdrawals from Amana.app may attract a charge, depending on the method used. While most methods are free, customers who wish to retrieve their funds via Neteller or Skrill will be charged a 2% and 1% fee, respectively. With a good trading strategy, it is possible to become a profitable trader with amana.